# PPP loan: SWP SERVICES CORP
> **$4.41M** approved 04/27/2020 · Charged Off · Loan `5459417202`
## Borrower
- **Name:** SWP SERVICES CORP
- **Address:** 670 MYRTLE AVE PMB 288, BROOKLYN, NY, 11205
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $4.41M
- **Initial approval:** $4.41M
- **Forgiven:** $4.09M (93%)
- **Forgiveness date:** 09/07/2021
- **Status:** Charged Off
- **Term:** 30 months
## Use of funds
- **Payroll:** $4.32M
- **Rent:** $88K
- **Utilities:** $5K
- **Jobs reported:** 280
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*